“Amware has built a unique and successful third-party operations
platform that provides premium value-added services for business to
consumer and business to business warehousing and fulfillment
customers,” said Corey Whisner, a partner at Rotunda. “We look forward
to working with the management team to support the continued evolution
of the company by increasing its growth through organic platform
expansion and strategic acquisitions.”

Amware’s president, Vincent Gulisano, will become CEO of the company,
and Rotunda Capital operating executive, John McAlpin, will become chief
operating officer. McAlpin brings 30 years of experience in logistics
management, having previously served as senior vice president of BNSF
Logistics and vice president of operations of Newgistics. Mark Wilhelm
and Jim Smith, Amware’s co-owners, will retain a meaningful ownership
stake in the company and serve on the board of directors to provide
strategic direction to the company. Ray Greer, a highly experienced
logistics executive, has agreed to join Amware’s board of directors.
Greer is currently the President of BNSF Logistics and was formerly the
CEO of Greatwide Logistics Services and Newgistics and serves on the
board of Industrial REIT and DCT Industrial Trust Inc.

“Rotunda is an ideal partner for Amware, given the firm’s deep knowledge
of logistics and distribution industries, its extensive operating
executive network, and its successful history of growing businesses,”
said Gulisano. “Rotunda Capital will enable Amware to continue executing
our expansion plans by increasing our sales force, selectively adding
new locations and investing growth capital in the existing network of
locations.”

John Fruehwirth, managing partner at Rotunda Capital, added, “We are
thrilled to work with the management team to build on Amware’s deep
relationships with existing clients and expand its fulfillment services
for growing e-commerce and direct sales customers.”

About Amware Logistics Services

Amware Logistics Services is one of the premier third-party logistics
and order fulfillment providers for a wide variety of industries
throughout North America. Amware operates over 2 million square feet of
warehouse space through nine facilities located across the United States
and Toronto, Canada. The company’s focus is on quality-driven,
cost-effective solutions for its customers’ warehousing and distribution
needs. By leveraging their expertise and experience in the logistics
industry, Amware is able to craft customized solutions for their
customers based on their suite of value-added services ranging from
light manufacturing to customer service support. For more information on
company processes and capabilities please visit http://www.AmwareLogistics.com
or call 970-337-7000.

About Rotunda Capital

Rotunda Capital Partners is a private equity firm that invests equity
capital in established and profitable lower-middle-market companies. As
an independent deal sponsor, Rotunda Capital raises and invests the
capital of its principals, family offices and high net worth individuals
on a deal-by-deal basis. The firm uses a rigorous approach to identify
market-leading companies with identifiable growth opportunities and
capable management teams in targeted sectors, including specialty
finance, logistics and distribution, and business services. Rotunda
Capital partners with industry-leading operating executives to grow each
portfolio company. Since 2009, Rotunda Capital has completed seven
platform investments and realized two exits. The partners of Rotunda
Capital have collectively invested more than $1.6 billion in more than
30 companies, providing experience and drawing on deep industry and
financial relationships to contribute to the successful execution of
Rotunda’s companies’ strategic plans.